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Piedmont Office (PDM)
NYSE:PDM
PDM Stock Chart & Stats
$7.42
-$0.02(-0.23%)
At close: 4:00 PM EST
$7.42
-$0.02(-0.23%)
Day’s Range― - ―
52-Week Range$5.46 - $9.19
Previous CloseN/A
Volume481.06K
Average Volume (3M)801.90K
Market Cap
$926.38M
Enterprise Value$3.22B
Total Cash (Recent Filing)$731.00K
Total Debt (Recent Filing)$2.27B
Price to Earnings (P/E)―
Beta0.82
Next Earnings
May 04, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend Yield6.09%
Share Statistics
EPS (TTM)-0.35
Shares Outstanding124,849,525
10 Day Avg. Volume717,928
30 Day Avg. Volume801,900
Financial Highlights & Ratios
PEG Ratio-2.65
Price to Book (P/B)0.69
Price to Sales (P/S)1.84
P/FCF Ratio7.38
Enterprise Value/Market Cap3.47
Enterprise Value/Revenue5.69
Enterprise Value/Gross Profit19.43
Enterprise Value/Ebitda11.55
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)-0.07
Revenue Forecast (FY)$564.23M
Bulls Say, Bears Say
Bulls Say
Leasing Momentum & BacklogSustained, record leasing and a multi-million‑square‑foot backlog provide durable forward cash flow visibility and reduce downtime risk. This backlog supports occupancy normalization, predictable rent roll benefits, and underpins multi-quarter NOI and FFO recovery as leases commence and stabilize.
Consistent Same‑Store NOI & GuidanceFive consecutive years of positive cash same‑store NOI plus explicit mid‑single‑digit FFO guidance signal resilient portfolio economics. Consistent NOI growth supports sustainable cash generation, dividend coverage potential, and the ability to fund redevelopments and leasing capital without relying solely on transactions.
Refinancing & Interest Cost ReductionProactive liability management reduces interest burden and extends maturities, improving free cash flow and lowering rollover risk. The actions increase liquidity capacity and create a clearer runway to execute leasing and redevelopment plans while cushioning FFO against rate volatility over the next several years.
Bears Say
Declining Revenue & Negative Gross ProfitTop‑line erosion and a 2025 gross profit loss indicate structural margin pressure and potential pricing or cost issues. Persistent revenue declines and negative gross profit strain profitability, limit internal funding for capex or dividends, and magnify the impact of any leasing or occupancy setbacks on long‑term FFO.
Elevated LeverageHigh leverage relative to current earnings reduces financial flexibility and increases vulnerability to occupancy or interest shocks. Even with recent reductions, the debt load constrains capital allocation, raises refinancing sensitivity as maturities approach, and could pressure FFO if operating trends weaken.
Concentrated 2026 Expirations & Market HeadwindsHigh concentration of 2026 rollings creates near‑term renewal and vacancy risk that can produce outsized earnings volatility. Coupled with specific market weakness in D.C. and Boston, this concentration could delay stabilization, depress cash NOI in affected quarters, and impede the projected FFO recovery.
Piedmont Office News
PDM FAQ
What was Piedmont Office’s price range in the past 12 months?
Piedmont Office lowest stock price was $5.46 and its highest was $9.19 in the past 12 months.
What is Piedmont Office’s market cap?
Piedmont Office’s market cap is $926.38M.
When is Piedmont Office’s upcoming earnings report date?
Piedmont Office’s upcoming earnings report date is May 04, 2026 which is in 60 days.
How were Piedmont Office’s earnings last quarter?
Piedmont Office released its earnings results on Feb 11, 2026. The company reported -$0.35 earnings per share for the quarter, missing the consensus estimate of -$0.05 by -$0.3.
Is Piedmont Office overvalued?
According to Wall Street analysts Piedmont Office’s price is currently Overvalued.
Does Piedmont Office pay dividends?
Piedmont Office pays a Quarterly dividend of $0.125 which represents an annual dividend yield of 6.09%. See more information on Piedmont Office dividends here
What is Piedmont Office’s EPS estimate?
Piedmont Office’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Piedmont Office have?
Piedmont Office has 124,849,525 shares outstanding.
What happened to Piedmont Office’s price movement after its last earnings report?
Piedmont Office reported an EPS of -$0.35 in its last earnings report, missing expectations of -$0.05. Following the earnings report the stock price went down -7.783%.
Which hedge fund is a major shareholder of Piedmont Office?
Currently, no hedge funds are holding shares in PDM
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Piedmont Office Stock Smart Score
Neutral
1
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3
4
5
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7
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9
10
Analyst Consensus
Moderate Buy
Average Price Target:
― (―)
― (―)
Blogger Sentiment
Bullish
PDM Sentiment 100%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Increased
By 16.0K Shares
Last Quarter.
Last Quarter.
Technicals
SMA
Positive
20 days / 200 days
Momentum
-11.02%
12-Months-Change
Fundamentals
Return on Equity
-4.45%
Trailing 12-Months
Asset Growth
-3.25%
Trailing 12-Months
Company Description
Piedmont Office
Piedmont Office Realty Trust, Inc. (NYSE: PDM) is an owner, manager, developer, redeveloper, and operator of high-quality, Class A office properties located primarily in select sub-markets within seven major Eastern U.S. office markets, with the majority of its revenue being generated from the Sunbelt. Its geographically-diversified, approximately $5 billion portfolio is currently comprised of approximately 17 million square feet. The Company is a fully-integrated, self-managed real estate investment trust (REIT) with local management offices in each of its markets and is investment-grade rated by S&P Global Ratings (BBB) and Moody's (Baa2). At the end of the third quarter, approximately 63% of the company's portfolio was ENERGY STAR certified and approximately 41% was LEED certified.
PDM Earnings Call
Q4 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed strong operational momentum with record leasing, material rent roll-ups, a sizable lease backlog, and constructive 2026 guidance, supported by balance-sheet actions that reduce future interest costs. Challenges are present—most notably a small decline in Core FFO in 2025, modest AFFO, market-specific headwinds (e.g., parts of D.C. and one Boston asset), and near-term uncertainty from several concentrated 2026 expirations. On balance, the positive operational and financial trends and clear path to mid-single-digit FFO growth in 2026–2027 outweigh the identified weaknesses.View all PDM earnings summariesPDM Stock 12 Month Forecast
Average Price Target
―Technical Analysis
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Ownership Overview
1.17% Insiders
30.48% Mutual Funds
28.20% Other Institutional Investors
17.97% Public Companies and
Individual Investors